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US firm acquires Pune-based software company Indus for $29mn
short by Gaurav Shroff / on Saturday, 21 July, 2018
After making at least 10 acquisitions in India over the past two years including ItzCash Card and Centrum Capital, Nasdaq-listed software firm Ebix Inc on Friday announced the acquisition of Pune-headquartered Indus Software Technologies for $29 million (around ₹200 crore). Ebix said Indus will be integrated into its digital payments offering EbixCash, with 900 employees joining its workforce.
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